Real estate blog entries tagged with wilmington nc by Chris Baynes (Coldwell Banker Sea Coast Realty)

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Home : Blogs : Chris Baynes : Chris Baynes's Blog : Tag "wilmington nc"

wilmington nc: Home Buyer Tax Credit Expansion Approval Expected - 11/05/09 09:40 AM

By The Chris Baynes Team
Although some details are yet to be worked out, key senators reached an agreement to extend and expand the tax credit available to those purchasing a home for 7 months. Not only does the plan extend the current credit to first time home buyers, it will also be available to those "move up" buyers that have owned thier current home for at least 5 years. The amount of credit for existing homeowners will be up to $6500.00.
Income limitations will rise with both credits to $125,000 for individuals and $225,000 for couples. Contracts will have to be signed … (2 comments)

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Chris Baynes

Wilmington, NC

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Coldwell Banker Sea Coast Realty

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